Based on the most recent data from Nov 11, 2026, CFR's PEG ratio comes in at 1.38. This metric factors in a PE of 14.68 with an earnings growth rate of 10.6%. Relative to the 1.13 average from the previous four quarters, the PEG ratio has increased by 22%.
Looking at the last ten years, CFR's PEG ratio has has been around 1.86 on average. At 1.38, today's PE to growth ratio sits 26% below its historical average. Within the last ten years, the Jun 2022 quarter recorded the highest PEG value at 22.29. At 0.16, the Jun 2023 quarter showed the minimum PEG ratio in this period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 1.09 | 12.77 | 11.7% |
| 2024 | N/A | 15.12 | -2.5% |
| 2023 | 3.84 | 11.91 | 3.1% |
| 2022 | 0.5 | 15.12 | 30.2% |
| 2021 | 0.56 | 18.57 | 32.9% |
| 2020 | N/A | 17.07 | -25.8% |
| 2019 | N/A | 14.19 | -1.1% |
| 2018 | 0.5 | 12.62 | 25.4% |
| 2017 | 0.97 | 17.02 | 17.5% |
| 2016 | 1.92 | 18.65 | 9.7% |
| 2015 | N/A | 13.92 | -0.2% |
| 2014 | 1.25 | 16.35 | 13.1% |
| 2013 | N/A | 19.48 | -1.3% |
| 2012 | 1.56 | 14.02 | 9% |
| 2011 | 4.66 | 14.9 | 3.2% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 1.34 | 14.2 | 10.6% |
| Jun 2026 | 1.05 | 14.6 | 13.9% |
| Mar 2026 | 1.05 | 13.35 | 12.7% |
| Dec 2025 | 1.09 | 12.77 | 11.7% |
| Sep 2025 | 0.63 | 13.04 | 20.6% |
| Jun 2025 | 1.04 | 13.84 | 13.3% |
| Mar 2025 | 1.78 | 13.74 | 7.7% |
| Dec 2024 | N/A | 15.12 | -2.5% |
| Sep 2024 | N/A | 13.88 | -23.1% |
| Jun 2024 | N/A | 12.39 | -23.4% |
| Mar 2024 | N/A | 13.31 | -15.8% |
| Dec 2023 | 3.84 | 11.91 | 3.1% |
| Sep 2023 | 0.22 | 8.7 | 40.3% |
| Jun 2023 | 0.16 | 10.05 | 63.9% |
| Mar 2023 | 0.19 | 10.48 | 54.1% |
When comparing to historical values, CFR's PEG ratio is below the 3, 5 and 10-year averages.
Cullen Frost Bankers's PEG of 1.38 is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 0.51, Cullen Frost Bankers's PEG is 171% higher.
CFR has a PEG ratio above that of peer stocks BOKF and TCBI. With a PEG ratio of 1.38, Cullen Frost Bankers stands higher than the 0.36 peer average.
According to Nov 11, 2026 data, CFR's PEG ratio sits at 1.38.
Historical data over a 3-year period places CFR's average PEG ratio at 1.48.
Historical data over a 5-year period places CFR's average PEG ratio at 2.54.
CFR's PEG ratio peaked at 22.29 during the Jun 2022 quarter - the highest in ten years.
CFR currently has a PEG ratio 26% below its 10-year average.
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth (YoY TTM). As of Nov 11, 2026, Cullen Frost Bankers has a P/E ratio of 14.68. Earnings grew at 10.6% over the TTM period ending Sep 2026. Applying the formula, this produces a price to earnings growth ratio of 1.38. PEG RATIO(1.38) = PE RATIO(14.68) / EPS GROWTH(10.6%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.